VASP Georgia: What You Need to Know About Crypto Regulation in Georgia

When we talk about VASP, a Virtual Asset Service Provider, which is any business that exchanges, transfers, or manages crypto assets on behalf of others. Also known as crypto service provider, it’s the legal backbone that keeps crypto exchanges, wallets, and trading platforms operating within the law. In Georgia, VASP rules aren’t just paperwork—they’re what keep your crypto safe, legal, and usable. Unlike countries that ban crypto outright, Georgia took a smart path: it built a clear framework that lets innovation thrive while protecting users.

Georgia’s VASP regime is built on two big ideas: licensing, a mandatory registration process for any crypto business operating in or serving Georgian customers and AML/KYC compliance, know-your-customer and anti-money laundering checks that force platforms to verify users and report suspicious activity. This means if you’re using a crypto exchange in Georgia, it’s likely licensed—so your funds aren’t sitting on some shady platform with no oversight. The National Bank of Georgia oversees these rules, and they’re strict. No license? No legal operation. No KYC? No access. It’s simple, and it works.

What does this mean for you? If you’re a trader, you get safer platforms. If you’re a startup, you get a clear roadmap to launch. And if you’re worried about scams, Georgia’s rules make it harder for fake exchanges to slip through. You’ll see this reflected in the posts below—like the one about VASP Nigeria, which shows how different countries handle regulation, or the reviews of unregulated exchanges like NUT MONEY and Digiassetindo, which highlight exactly why licensing matters. Georgia’s approach is a contrast to places where crypto is either banned or left in the wild. Here, it’s treated like a real financial service—with rules, accountability, and consequences.

Below, you’ll find real-world examples of what happens when crypto platforms follow—or ignore—these rules. Some posts dig into how VASP status affects exchange reliability. Others warn you about platforms pretending to be legal. You’ll see why a licensed exchange in Georgia is worth trusting, and why you should walk away from anything that doesn’t show its license. This isn’t theory. It’s what keeps your crypto from vanishing overnight.